Alexandria, VA is an amazing city located just a short drive away from Washington D.C. It is full of history, unique culture, and the community is very welcoming. The average two bedroom rent cost for Alexandria, VA is $2,170 while the US average rent cost for a two bedroom apartment is $1,430 - making it slightly more expensive than the national average. Grocery costs in Alexandria are also higher with the index being 113 compared to 100 nationwide. There are many large companies based in this area such as Inova Health Systems and Nestle Purina who provide quality work opportunities to locals. Besides these larger employers there are plenty of smaller local businesses that make up the city’s vibrant economic landscape like Old Town Boutique District or Off The Record Whiskey Bar & Kitchen. Alexandria also offers plenty of sightseeing attractions such as George Washington's Mount Vernon Estate & Gardens and Torpedo Factory Art Center that visitors can explore all year round.
Alexandria has an unemployment rate of 4.9%. The US average is 6.0%.
Alexandria has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Alexandria
- The Sales Tax Rate for Alexandria is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alexandria is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Alexandria
- The average income of a Alexandria resident is $54,597 a year. The US average is $28,555 a year.
- The Median household income of a Alexandria resident is $105,450 a year. The US average is $69,021 a year.